The article discusses the recent volatile price movements of Bitcoin and analyzes the potential scenarios for its future price. It states that $80,000 has acted as a strong support level, with buyers preventing further downside. To confirm a reversal, Bitcoin needs to break above $95,000-$97,000. If it maintains its momentum and closes above this level, it could indicate a renewed bullish phase with resistance at $100,000-$105,000. Failure to break these levels may result in another drop to $85,000 or lower. The Relative Strength Index (RSI) indicates neither overbought nor oversold conditions. A climb above 55-60 would indicate strengthening bullish momentum, while a drop below 40 could suggest selling pressure. The Heikin Ashi candles suggest a potential shift in trend towards a continued recovery. If Bitcoin breaks and holds above $95,000-$97,000, it could challenge its previous all-time high near $110,000. However, if it loses the $80,000 support level, the next critical zone to watch is $75,000-$77,000. A crash below $80,000 seems unlikely unless a macro-level catalyst triggers panic selling. Short-term traders are advised to wait for a breakout confirmation above $95,000, while long-term investors may see dips towards $80,000-$85,000 as accumulation opportunities.



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